Michaels Gift
Michaels Gift is a private foundation focused on Education, based in Maple Grove, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $28K in total assets. In 2025, it awarded 2 grants totaling $4K. Net investment income was $586.
Michaels Gift at a glance
In short: Michaels Gift gave $4K across 2 grants in 2025 (avg $2K), mostly in Minnesota. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $4,000
- +0.0% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $2,000
- +0.0% vs 2024
- Median grant
- $2,000
- Total assets
- $27,788
- -11.3% vs 2024
- Primary geography
- Minnesota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Michaels Gift funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Owen Grismer ($2K). Together the top 2 received $4K.
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 7 grants of 7 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Michaels Gift gives
- Giving held roughly steady from 2022 to 2025 (+0%). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $2K (2019) to $4K (2025). In 2025 it made 2 grants totaling $4K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Owen Grismer Maple Grove, MN | Education | $2,000 |
| Brandan Gilbert Brooklyn Park, MN | Education | $2,000 |
Ready to take the next step with Michaels Gift?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2025 | $27,788 | $586 | $4,126 | $4,000 | 2 | $4,000 | $586 |
| 2024 | $31,328 | $7,795 | $4,160 | $4,000 | 2 | $4,000 | $7,635 |
| 2023 | $27,693 | $11,511 | $2,000 | $2,000 | 2 | $2,000 | $11,511 |
| 2022 | $18,182 | — | $4,000 | $4,000 | 1 | $4,000 | — |
| 2021 | $35,936 | $2,804 | $148 | — | — | — | $2,804 |
| 2020 | $33,280 | — | $3,161 | $3,000 | 2 | — | $10,644 |
| 2019 | $23,514 | $3,573 | $2,000 | $2,000 | 1 | — | $3,573 |
Leadership & Key People
Officers and directors from IRS filings
Michaels Gift's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Diane Herbst
Manager
On filings since 2019
No compensation reported
Ryan Herbst
Manager
On filings since 2019
No compensation reported
Timothy Herbst
Manager
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Michaels Gift
How much does Michaels Gift give each year?
Michaels Gift gave $4K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4K across 2 grants.
How large is Michaels Gift?
Michaels Gift reported $28K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $586.
What is Michaels Gift?
Michaels Gift is a private foundation focused on Education, based in Maple Grove, MN. It holds $28K in total assets as of 2025.
Where does Michaels Gift operate?
Michaels Gift has awarded grants in Minnesota.
What is Michaels Gift's EIN?
Michaels Gift's EIN (Employer Identification Number) is 83-3787002. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 15, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 16, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 25, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
Live grants for the work Michaels Gift funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Michaels Gift's focus areas in our free grants database
Similar Funders
Similar funders in Minnesota
The Minneapolis Foundation
Minneapolis, MN
The Minneapolis Foundation funds civic, social, and economic needs, including economic mobility, education, health, the environment, arts, and human services, with most grant dollars going to Minnesota. Its 2025 grants had a median of $25,000, though amounts varied widely. It says no funding opportunities are currently open; whether it accepts unsolicited requests is not stated.
Assets
$1.2B
Grants
1,565
Total Given
$121.7M
Saint Paul & Minnesota Foundation
St. Paul, MN
The Saint Paul & Minnesota Foundation funds community-led work in areas including economic opportunity, health and human services, youth and education, housing, and organizational capacity. Its 2025 grants had a median of $26,000; listed programs offer up to $50,000 for eligible East Metro work and up to $15,000 for qualifying Minnesota organizations. It accepts applications through specific programs, including rolling application opportunities; the Community Solutions Grant Program serves Dakota, Ramsey, and Washington counties.
Assets
$1.7B
Grants
1,473
Total Given
$107.2M
The Richard M Schulze Family Foundation
Minneapolis, MN
The Richard M. Schulze Family Foundation funds education, health care, and human services, including college scholarships, with most support benefiting working- and middle-class families in specified Minnesota and Florida counties; it also makes some national grants. Its 2024 grants had a median of $5,000, though awards ranged from $50 to $10 million. It plans to move to invitation-only grantmaking in 2027; whether it currently accepts unsolicited requests is not stated.
Assets
$218.3M
Grants
1,431
Total Given
$47.9M
Wells Fargo Foundation
Minneapolis, MN
Wells Fargo Foundation funds financial opportunity, affordable housing, small business growth, and some other local community needs across national and eligible local communities. Its 2025 grants ranged from $3,000 to $8 million, with a median of $35,000. It does not accept unsolicited requests; eligible organizations may submit a grant interest form to be considered for an invitation.
Assets
$8.6M
Grants
1,376
Total Given
$157.4M
C K Blandin Foundation
Grand Rapids, MN
The C K Blandin Foundation funds rural Minnesota projects that build community wealth, improve rural places, strengthen small communities, and support capacity-building, with a primary focus on the Grand Rapids area. Rural grants are typically $25,000–$150,000; it does not accept unsolicited requests, offering opportunities through invitations or competitive RFPs.
Assets
$506.3M
Grants
931
Total Given
$15.8M
The McKnight Foundation
Minneapolis, MN
The McKnight Foundation funds arts and culture, resilient food systems, Midwest climate and energy, neuroscience, and equitable communities, with Minnesota a primary focus for several programs and work also extending beyond the state. Its 2024 grants had a median of $100,000; prospective applicants should first discuss fit with program staff, who provide proposal instructions if the work can be considered.
Assets
$2.7B
Grants
790
Total Given
$145.9M
More similar funders
More Funders in Minnesota
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Michaels Gift's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Michaels Gift down — hundreds of funders to go?